Billion-Dollar Question:How Will Street Titans Value Their Holdings?

As the third quarter ends for some of Wall Street's brokerages this week, the firms will be tallying their wins and losses as always. But with markets in flux, investors would be wise to note how they count them.

Executives are looking more closely than ever at just how to value their holdings, some of which plummeted during the quarter. They are evaluating whether some of those losses could be viewed as temporary and whether others might be better dealt with as long-term investments that could recover over time.

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